IDT: Fiscal Q4 Earnings Snapshot

October 6, 2022 GMT

NEWARK, N.J. (AP) _ IDT Corp. (IDT) on Thursday reported fiscal fourth-quarter net income of $17.2 million.

The Newark, New Jersey-based company said it had net income of 66 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 70 cents per share.

The telecommunications company posted revenue of $329 million in the period.

For the year, the company reported profit of $27 million, or $1.03 per share. Revenue was reported as $1.36 billion.

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